I'm trying to set up a system that employs tight trailing stops for minimum capital loss. I'm using percentage stops with around 20 stocks which are pretty diversified. The ideal scenario is a tight (.5 percent) stop that targets stocks that gap up, then limits losses, and sells the rest. Some charts indicate the need for 1 or two percent, but I would have to scale down the position size to control capital loss. I expect this plan to stop out quite a bit, but it seems like it might be viable. Anyone tried this ? Several systems use 20 percent stops, and there's also stops below support, but they generally seem to create greater capital loss depending on the stock. I'm grasping at straws a bit, but myt trade costs are very low, so I can have 20 to 30 stocks active and hope that several are winners. You can probably guess I hate losses, and have a problem seeing negative numbers when a stock drops even though I think the stock should be strong. In the current market, the big money rules the roost, and what should happen often doesn't. What I think is usually the contrarian indicator.